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RKS Conversion - Senior Manager

State Street
Full-time
On-site
Bangalore, Karnātaka, India
🌐 Digital Marketing

πŸ“Œ Core Information

πŸ”Ή Job Title: RKS Conversion - Senior Manager

πŸ”Ή Company: State Street

πŸ”Ή Location: Bangalore, Karnātaka, India

πŸ”Ή Job Type: Full-Time

πŸ”Ή Category: Financial Services

πŸ”Ή Date Posted: May 29, 2025

πŸ”Ή Experience Level: 11 to 15 years

πŸ”Ή Remote Status: On-site

πŸš€ Job Overview

Key aspects of this role include:

  • Leading a team responsible for data analysis and conversion of new clients onto the State Street Middle Office platform
  • Collaborating with business leads to understand user needs and recommend changes
  • Managing the data conversion lifecycle and methodology
  • Mapping data flow from legacy systems to in-house systems using existing functionality and processes
  • Resolving issues and gaps in data provided or discrepancies in data between legacy presentation and the future state model

ASSUMPTION: This role requires a high level of experience in capital markets, particularly in middle and back office operations, as well as strong leadership and project management skills.

πŸ“‹ Key Responsibilities

βœ… Lead a team of 10-15 to meet onboarding goals

βœ… Work with business leads to understand user needs and recommend changes

βœ… Manage the data conversion development lifecycle and methodology

βœ… Map data flow from legacy systems to in-house systems using existing functionality and processes

βœ… Resolve issues and gaps in data provided or discrepancies in data between legacy presentation and the future state model

βœ… Participate in conversion planning, testing, and dress rehearsals

ASSUMPTION: This role involves a high level of responsibility and requires strong leadership, project management, and problem-solving skills.

🎯 Required Qualifications

Education: Bachelor’s Degree in Finance & Accounting, Computer Science, Information Technology, or a related field

Experience: Overall 11 to 15 years of industry experience with a strong background in capital markets, particularly in middle and back office operations

Required Skills:

  • Good knowledge and experience in Capital markets – Middle & Back Office
  • 5+ years of relevant Financial Industry Experience, preferably Investment Management, Asset Management
  • Great Understanding of Securities, Loans, IBOR/ABOR, Transaction Management
  • Fair understanding & experience on platforms like IBOR/ABOR, Eagle, Eagle Star, PAM, Portia
  • Good Communication Skills with good external and internal client interfacing skills
  • Ability to analyze and resolve project-related issues and follow through with set objectives
  • Experience working on projects related to Middle & Back Office Client Onboarding
  • Intermediate to advanced Microsoft Word, Excel, Visio, PowerPoint, SharePoint and Access skills, as well as Microsoft Project or other project management software experience.

Preferred Skills:

  • MBA in Finance, Management, Business Administration from Premier B School

ASSUMPTION: This role requires a high level of experience and expertise in capital markets, particularly in middle and back office operations, as well as strong leadership and project management skills.

πŸ’° Compensation & Benefits

Salary Range: INR 25,00,000 - 35,00,000 per annum (Estimated, based on industry standards for the role, experience level, and location)

Benefits:

  • Paid Volunteer Days
  • Employee Networks

Working Hours: 40 hours per week, with flexibility for project demands

ASSUMPTION: The estimated salary range is based on industry standards for the role, experience level, and location. Actual compensation may vary based on the company's internal policies and the candidate's qualifications.

πŸ“Œ Applicant Insights

πŸ” Company Context

Industry: Financial Services

Company Size: 10,001+ employees (Enterprise)

Founded: 1792 (Headquarters: Boston, Massachusetts, USA)

Company Description:

  • State Street is a leading provider of financial services to institutional investors around the world
  • The company offers investment management, investment research and trading, and investment servicing
  • State Street partners with asset managers, asset owners, alternative asset managers, insurance companies, pension funds, and official institutions

Company Specialties:

  • Investment Management
  • Custodian
  • ETF
  • Financial Products
  • Fund Accounting
  • Relationship Management
  • Research
  • Trading
  • Investment Servicing

Company Website: www.statestreet.com

ASSUMPTION: State Street is a large, global financial services company with a broad range of products and services. Working at State Street offers opportunities for career growth and exposure to diverse aspects of the financial industry.

πŸ“Š Role Analysis

Career Level: Senior Manager (Officer) level, with potential for career progression within the organization

Reporting Structure: This role reports directly to the Head of RKS Conversion

Work Arrangement: On-site, full-time position, with potential for flexible working arrangements based on project demands

Growth Opportunities:

  • Potential for career progression within the organization
  • Opportunities to work on high-profile, complex projects
  • Exposure to diverse aspects of the financial industry

ASSUMPTION: This role offers significant opportunities for career growth and development within a large, global financial services company.

🌍 Location & Work Environment

Office Type: Modern, professional office environment with state-of-the-art facilities

Office Location(s): Bangalore, Karnātaka, India

Geographic Context:

  • Bangalore is the capital of the Indian state of Karnataka and is known for its thriving technology industry
  • The city offers a mix of traditional and modern culture, with a wide range of amenities and recreational opportunities
  • Bangalore has a tropical savanna climate, with warm and humid weather prevailing throughout the year

Work Schedule: Standard office hours, with flexibility for project demands

ASSUMPTION: Bangalore offers a dynamic, multicultural work environment with a strong focus on technology and innovation. The city's climate and cultural offerings may vary depending on individual preferences.

πŸ’Ό Interview & Application Insights

Typical Process:

  • Online application submission
  • Phone or video screening
  • On-site or virtual interview with the hiring manager
  • Final round interview with the team or other stakeholders
  • Background check and offer

Key Assessment Areas:

  • Technical skills and experience in capital markets, particularly in middle and back office operations
  • Leadership and project management skills
  • Problem-solving and analytical skills
  • Communication and interpersonal skills
  • Cultural fit and alignment with company values

Application Tips:

  • Tailor your resume and cover letter to highlight relevant experience and skills for this role
  • Demonstrate your understanding of the role and the company's mission and values
  • Prepare for behavioral and situational interview questions that focus on your leadership, project management, and problem-solving skills
  • Be ready to discuss your experience with capital markets, middle and back office operations, and relevant technologies
  • Research the company and the industry to show your enthusiasm and commitment to the role

ATS Keywords: Capital Markets, Middle Office, Back Office, Data Analysis, Data Conversion, Project Management, Leadership, Problem-Solving, Communication, Investment Management, Asset Management, Securities, Loans, IBOR/ABOR, Transaction Management, Microsoft Office, Requirements Analysis, Solution Design

ASSUMPTION: The interview process for this role will focus on assessing the candidate's technical skills, leadership, and problem-solving abilities, as well as their cultural fit and alignment with the company's values.

πŸ› οΈ Tools & Technologies

  • Microsoft Office Suite (Word, Excel, Visio, PowerPoint, SharePoint, Access)
  • Microsoft Project or other project management software
  • Relevant capital markets platforms (IBOR/ABOR, Eagle, Eagle Star, PAM, Portia)
  • Data analysis and conversion tools

ASSUMPTION: This role requires proficiency in Microsoft Office Suite and relevant capital markets platforms, as well as familiarity with data analysis and conversion tools.

πŸ‘” Cultural Fit Considerations

Company Values:

  • Act with Integrity
  • Value and Respect All Colleagues
  • Collaborate
  • Innovate and Embrace Change
  • Perform with Excellence

Work Style:

  • Results-driven and focused on delivering high-quality work
  • Strong leadership and project management skills
  • Ability to work in a fast-paced, dynamic environment
  • Strong communication and interpersonal skills
  • Adaptable and open to change

Self-Assessment Questions:

  • Do you align with State Street's core values, particularly "Act with Integrity" and "Perform with Excellence"?
  • Are you comfortable working in a fast-paced, dynamic environment with tight deadlines and changing priorities?
  • Do you have strong leadership and project management skills, with a proven track record of delivering results?
  • Are you able to work effectively in a team and collaborate with stakeholders at all levels?
  • Are you open to learning and embracing change, with a focus on continuous improvement?

ASSUMPTION: State Street values candidates who demonstrate strong alignment with the company's core values, particularly "Act with Integrity" and "Perform with Excellence." The ideal candidate will be adaptable, results-driven, and comfortable working in a fast-paced, dynamic environment.

⚠️ Potential Challenges

  • The role may require working on multiple projects simultaneously, with tight deadlines and changing priorities
  • There may be a need to travel domestically or internationally for client meetings or project-related events
  • The role may involve working with diverse teams and stakeholders, requiring strong communication and interpersonal skills
  • The role may require working with sensitive client data, requiring a high level of confidentiality and discretion

ASSUMPTION: This role offers significant challenges and opportunities for growth and development within a large, global financial services company. The ideal candidate will be adaptable, results-driven, and comfortable working in a fast-paced, dynamic environment.

πŸ“ˆ Similar Roles Comparison

  • This role is similar to other senior management positions in capital markets, middle office, and back office operations
  • However, this role focuses specifically on data analysis and conversion, with a strong emphasis on project management and leadership
  • Compared to related roles, this position may offer more exposure to high-profile, complex projects and opportunities for career growth within a large, global financial services company

ASSUMPTION: This role offers unique opportunities for career growth and development within a large, global financial services company, with a focus on data analysis and conversion, project management, and leadership.

πŸ“ Sample Projects

  • Leading a team to convert a new client's data from legacy systems to the State Street Middle Office platform
  • Managing the data conversion development lifecycle and methodology for a complex, high-profile project
  • Resolving issues and gaps in data provided or discrepancies in data between legacy presentation and the future state model for a critical client onboarding project

ASSUMPTION: These sample projects illustrate the high-level, strategic nature of the role, with a focus on data analysis, conversion, project management, and leadership.

❓ Key Questions to Ask During Interview

  • What are the key priorities for this role in the first 30-60-90 days?
  • How does this role fit into the broader organizational structure and strategic goals of the company?
  • What are the most challenging aspects of this role, and how have previous incumbents approached them?
  • What opportunities are there for career growth and development within the company?
  • How does the company support work-life balance for employees in this role?

ASSUMPTION: Asking these questions demonstrates your interest in the role and the company, as well as your commitment to understanding the challenges and opportunities that come with the position.

πŸ“Œ Next Steps for Applicants

To apply for this position:

  • Submit your application through this link
  • Tailor your resume and cover letter to highlight your relevant experience and skills for this role
  • Prepare for behavioral and situational interview questions that focus on your leadership, project management, and problem-solving skills
  • Research the company and the industry to show your enthusiasm and commitment to the role
  • Follow up with the hiring manager or HR representative within one week of submitting your application, if you have not heard back

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.